Weekly chart, the stock 
AMZN is trading in a rising expanding wedge, and the path should be hitting the resistance line R at around 230 after a little correction to around 170
Trading above 230 for 2 weeks will drive the price to 260 then 300
Note: As the current price is far from the support level (line S), a suitable stop loss level should be considered and monitored.
AMZN is trading in a rising expanding wedge, and the path should be hitting the resistance line R at around 230 after a little correction to around 170Trading above 230 for 2 weeks will drive the price to 260 then 300
Note: As the current price is far from the support level (line S), a suitable stop loss level should be considered and monitored.
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